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Caerleon House Prices Caerleon House Prices

The average house price in Caerleon is £250,000 using HM Land Registry data.

The average property price increased by £67,708 (29.38%) over the last 5 years and increased by £13,532 (4.75%) over the last 12 months.

Over the last year, there were 83 residential property sales – a decrease of 49 transactions (-59.04%) relative to the previous year. The majority of house sales (22) were in the £260,000 - £320,000 range. Then came properties in the £200,000 - £260,000 range, where 20 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 38 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-22,718 (-5%).

In April 2024, there were 10 new estate agency instructions, 11 agreed home sales and 7 property price reductions.

Postcodes Covered: NP18

5-Year Average Property Prices in Caerleon

29.38%

Property prices in Caerleon increased by 29.38% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Caerleon Over the Last Year

4.75%

Property prices in Caerleon increased by 4.75% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Caerleon - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Caerleon

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Caerleon

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Caerleon

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Caerleon since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Caerleon area since 1995.

Recent Property Sales in Caerleon

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
49a, Trinity View, Caerleon, Newport, NP18 3SU£650,000£617,000-£33,00021 Aug 202321 Feb 2024184 Days
38 Broadwalk, Caerleon, Newport, NP18 1NQ£315,000£305,500-£9,50015 Sep 202313 Feb 2024151 Days
64 Roman Reach, Caerleon, Newport, NP18 3SQ£279,950£270,000-£9,95024 Aug 202301 Dec 202399 Days
52 College Glade, Caerleon, Newport, NP18 3TE£230,000£230,000£0009 Aug 202301 Dec 2023114 Days
96 Mill Street, Caerleon, Newport, NP18 1BL£189,950£180,000-£9,95022 Sep 202327 Nov 202366 Days
3 Pollard Close, Caerleon, Newport, NP18 3SS£550,000£522,500-£27,50008 Jun 202317 Nov 2023162 Days
10 Camelot Court, Caerleon, Newport, NP18 1AP£230,000£70,000-£160,00022 May 201115 Nov 20234560 Days
9 Lodge Avenue, Caerleon, Newport, NP18 3EJ£185,000£168,000-£17,00013 Apr 202326 Oct 2023196 Days
29 Northfield Close, Caerleon, Newport, NP18 3EZ£260,000£250,000-£10,00006 Jul 202320 Oct 2023106 Days
11 Home Farm Green, Caerleon, Newport, NP18 3SF£275,000£260,000-£15,00008 Jun 202316 Oct 2023130 Days
5 Arthur Street, Caerleon, Newport, NP18 1BJ£250,000£238,000-£12,00016 Feb 202331 Aug 2023196 Days
14 Goldcroft Common, Caerleon, Newport, NP18 1BA£265,000£260,000-£5,00022 May 202331 Aug 2023101 Days
19 Augustan Drive, Caerleon, Newport, NP18 3DD£400,000£390,000-£10,00017 May 202329 Aug 2023104 Days
4 Box Tree Close, Caerleon, Newport, NP18 3RJ£275,000£270,000-£5,00009 Apr 202311 Aug 2023124 Days
Jalna, Lodge Hill, Caerleon, Newport, NP18 3BX£339,950£339,950£0020 May 202321 Jul 202362 Days
8 Caesar Crescent, Caerleon, Newport, NP18 3ER£229,950£227,000-£2,95013 Feb 202317 Jul 2023154 Days
6 Uskvale Mews, Caerleon, Newport, NP18 1NE£225,000£222,000-£3,00025 Aug 202214 Jul 2023323 Days
13 Home Farm Green, Caerleon, Newport, NP18 3SF£220,000£215,000-£5,00022 Feb 202307 Jul 2023135 Days
Bellingstoke, Lodge Road, Caerleon, Newport, NP18 3QX£450,000£431,000-£19,00025 Jan 202330 Jun 2023156 Days
43 Home Farm Crescent, Caerleon, Newport, NP18 3RF£259,950£259,000-£95017 Feb 202330 Jun 2023133 Days

Most Expensive Streets in Caerleon

PostcodeStreetAreaAverageNo. of Sales
NP18 3SWTrinity ViewCaerleon£528,1254
NP18 1NTEast Lynne GardensCaerleon£469,8905
NP18 3SXParkwood CloseCaerleon£455,6005
NP18 3SUTrinity ViewCaerleon£452,1669
NP18 1NHStation RoadCaerleon£432,5004
NP18 3PRBrookleaCaerleon£424,6666
NP18 1LXThe HawthornsCaerleon£402,8124
NP18 1QSLodge RoadCaerleon£380,0003
NP18 3THOwen CloseCaerleon£355,0004
NP18 3QXLodge RoadCaerleon£334,6005

Least Expensive Streets in Caerleon

PostcodeStreetAreaAverageNo. of Sales
NP18 3EGCambridge CourtCaerleon£106,0003
NP18 1NXHawthorn GardensThe Hawthorns£111,7005
NP18 1LGLlew A Dor CwrtCaerleon£131,0003
NP18 3FWEastfield MewsCaerleon£133,0003
NP18 3BTJuno VillaFlavius Close£133,6427
NP18 3PTThe BradesCaerleon£156,5008
NP18 3FANorthfield RoadCaerleon£160,4586
NP18 3RDElder CloseCaerleon£160,8256
NP18 3EQRoman WayCaerleon£165,3128
NP18 3RBWhite Ash GladeCaerleon£165,7506

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